| 8:30 – 9:00 | Networking, opening at 8:45 |
| 9:00 – 10:00 | Plenary session Chair: Péter Csóka |
| Jonathan Batten: Moving forward on climate change in a Post COVID world: Financial market impacts | |
| 10:00 – 10:30 | Break, networking from 10:15 in the upcoming sessions |
| 10:30 – 12:30 | Parallel sessions | |
| Information and trading Chair: Zsuzsa R. Huszár | Macro perspectives Chair: Péter Mihályi | Asset pricing and corporate finance Chair: Dániel Havran |
| Charles Schnitzlein, James M. Steeley: Order choice in a limit order book with dispersed information: Evidence from an experimental asset market with partially informed traders | András Borsos, Bence Mérő: Shock Propagation in the Banking System with Real Economy Feedback Discussant: Andre Horovitz | Atiqur Rahman Rasel, Bin Liu, Sandy Suardi: The impact of investor sentiment and attention on Bitcoin |
| Stefan Greppmair, Stephan Jank, Pedro A. C. Saffi, Jason Sturgess: Securities Lending and Information Acquisition Discussant: Stéphanie Ligot | Helena Naffa, Fanni Dudás: Measuring Financial Well-Being of Countries | Gábor Neszveda, Gábor Till, Barnabás Timár, Marcell Varga: Is short-term reversal driven by liquidity provision or behavioral bias in emerging markets? Evidence from China Discussant: Paul Whelan |
| Stéphanie Ligot, Iryna Veryzhenko: The High Frequency Trading and Circuit Breakers in an Electronic Market Discussant: Pedro A. C. Saffi | Milán Cs. Badics, Kristóf Reizinger: Granger-causality analysis of risk spillovers in insurance and banking networks Discussant: András Borsos. | Nina Boyarchenko, Lars C. Larsen, Paul Whelan: The Overnight Drift Discussant: Gábor Neszveda |
| Truong X. Duong, Zsuzsa R. Huszár, Ruth S. K. Tan: The Role of Market Infrastructure in Price Discovery: Short Sellers’s Perspective | Zsuzsanna Novák, Nikolett Sereg: Hungarian forint FX swap spreads during and beyond crisis times Discussant: Zoltán Schepp | Vishnu Ramesh, Aravind Sampath: Allocation of internal cash flows – Evidence from an emerging market Discussant: Dániel Havran |
| 12:30 – 13:30 | Break, networking from 13:15 in the upcoming sessions |
| 13:30 – 15:30 | Parallel sessions | |
| Interconnectedness Chair: Peter Szilagyi | Social innovation Chair: Edina Berlinger | Market liquidity Chair: Niklas Wagner |
| Daniel Fricke, Hannes Wilke: Connected Funds Discussant: Tamas Vadasz | Márton Gosztonyi, Dániel Havran: Highways to Hell? Paths Towards the Formal Financial Exclusion: Empirical Lessons of the Households from Northeastern Hungary | Abdollah Ah Mand, Imtiaz Sifat: Volatility Dynamics in Financial Futures: The Roles of Speculation and Liquidity |
| Michael Goldstein, Edith Hotchkiss, Stanislava Nikolova: Dealer Behavior and the Trading of Newly Issued Corporate Bonds Discussant: Peter Szilagyi | Edina Berlinger, Jens Valdemar Krenchel, György Walter: Personal Bankruptcy Leniency Composite Index – Mapping Leniency in the EU | Barbara Będowska-Sójka, Krzysztof Echaust: The asymmetry of Amihud illiquidity measure – an international perspective |
| Milán Cs. Badics, Áron Hartvig: Volatility and illiquidity connectedness during the Financial crisis of 2007–08 Discussant: Daniel Fricke | Attila Havas: Various approaches to social innovation: Diversity in its definitions and models | Mariya Gubareva: Impact of the Covid-19 on liquidity of emerging market bonds Discussant: Vassilios Papavassiliou |
| Milan Cs. Badics, Balazs Kotro: Interconnectedness of Sovereign Yield Curves | Edina Berlinger, Katalin Dobránszky-Bartus, György Molnár: Modern pillories: Overdue debts of the poor Discussant: Tomy Lee | Marcin Czupryna, Paweł Oleksy: Liquidity of illiquid assets: evidence from fine wine exchange Discussant: Niklas Wagner |
| 15:30 – 16:00 | Break, networking from 15:45 in the upcoming session |
| 16:00 – 17:00 | Plenary session Chair: Gábor Molnár-Sáska |
| Mohammad Bitar, Dieter Gramlich, Thomas Walker, Yunfei Zhao: After the storm: Natural disasters and bank solvency | |
| 8:45 – 9:00 | Networking in the upcoming sessions |
| 9:00 – 10:30 | Parallel sessions |
| Green finance Chair: Igor Lončarski | Bond Markets Chair: Zorka Simon |
| Olivér Hortay, László Kökény: Effect of COVID-19 on the ten largest ESG funds | Conall O’Sullivan, Vassilios G. Papavassiliou: Time-varying predictability in the European sovereign bond market Discussant: Mariya Gubareva |
| Eszter Baranyai, Adam Banai: Do climate change projections appear in mortgage characteristics? Discussant: Zsuzsa R. Huszár | Vassilios Papavassiliou: Information shares and market quality before and during the European sovereign debt crisis Discussant: Zorka Simon |
| Hans Degryse, Roman Goncharenko, Carola Theunisz, Tamas Vadasz: When Green Meets Green Discussant: Igor Lončarski | Gyorgy Varga: On the fitting of the term structure short-end Discussant: Conall O’Sullivan |
| 10:30 – 11:00 | Break, networking from 10:45 in the upcoming session |
| 11:00 – 12:00 | Plenary session Chair: Barbara Dömötör |
| Nickolay Gantchev, Mariassunta Giannetti, Rachel Li: Does Money Talk? Market Discipline through Selloffs and Boycotts | |
| 12:00 – 13:00 | Break, networking from 12:45 in the upcoming sessions |
| 13:00 – 14:30 | Parallel sessions |
| Banking Chair: György Walter | Theory Chair: Alexander Szimayer |
| Sérgio Leão, Rafael F. Schiozer, Gustavo Silva Araújo, Raquel de Freitas Oliveira: Bank relationship and firms’ cost of hedging | Grzegorz Kosiorowski, Rafał Sieradzki, Michał Thlon: Game-theoretic approach to IPO underpricing: issuer vs investors |
| Sophie Doepp, Andre Horovitz, Alexander Szimayer: Modeling non-maturing Demand Deposits: on the Determination of the Threshold of Separation between Volatile and Stable Deposit Volumes Discussant: Rafael F. Schiozer | Miklos Pinter: How to generate objective ambiguity Discussant: Zsolt Bihary |
| Barbara Dömötör, Tímea Ölvedi: Information Processing of Peer-to-Peer Lending Platforms | Péter Csóka, P. Jean-Jacques Herings: On the Multiplicity of Clearing Payment Matrices in Financial Networks Discussant: Miklós Pintér |
| 14:30 – 15:00 | Break, networking from 14:45 in the upcoming session |
| 15:00 – 16:00 | Plenary session Chair: László Zsolnai |
| Paul Shrivastava: Wellbeing Economy and Finance in the Anthropocene | |
| 16:00 – 16:30 | Networking, closing |
11th Annual Financial Market Liquidity Conference – Program